Here’s how it works:Partners can send stablecoins like USDC directly to Visa’s wallet on Avalanche.Visa then automates reconciliation and final settlement, without intermediaries. Fast and direct value transfer across borders. ...

>> WE ARE LIVE FROM BLOOMBERG'S WORLD HEADQUARTERS IN NEW YORK. WELCOME TO BLOOMBERG CRYPTO, A LOOK AT THE PEOPLE, TRANSACTIONS AND TECHNOLOGY SHAPING THE WORLD OF DECENTRALIZED FINANCE. FIRST UP, EITHER EDPS ARE ON A TEAR.BLACKROCK POSTING RECORD MONTHLY INFLOWS. MORE ON THAT WITH LAUREN IN JUST A FEW MOMENTS. AND IPO SUMMER.THE PUSH IN THE PUBLIC MARKETS HEATING UP WITH A GROWING LIST OF FIRMS LOOKING TO DEBUT. AND SHARES OF GALAXY DIGITAL PLUNGING AFTER REPORTING WEAKER THAN EXPECTED RESULTS. THAT IS ALL ...

Bitcoin has a serious problem and a lot of the Bitcoin maxi crowd just simply won't admit this to you. They won't tell you about this problem. But if you actually look at this market and you study this market, this problem becomes very, very clear. It's the fact that Bitcoin has diminished returns. Bitcoin won't make the same returns that it did back in 2021 or 2017 and 2018. But the thing is is that Bitcoin will continue to go up. It just won't be a significance. That's why I've always said that Bitcoin is ...

Crypto's Core Functionality - Crypto provides a means to bypass traditional financial institutions and governmental control, offering financial autonomy [2][3] - Seed phrases act as master keys to digital wallets, enabling individuals to control their finances even in unstable environments [1][7] - Self-custodial wallets, like USB drives, function as digital vaults where only the user possesses the key, differentiating crypto from traditional digital currency [8] Crypto's Applications and Impact - Crypto serves as an escape hatch, emergency cash, and a means of conducting commerce across borders, especially during conflicts or financial instability [6][11][12] - Stablecoins extend dollar access in countries with hyperinflation, allowing people to safeguard and grow their wealth [15] - The crypto ecosystem is valued at over 33 trillion dollars, exceeding the market cap of Apple and roughly equivalent to the size of France's economy [13] Stablecoins and Market Dynamics - Stablecoins are designed to maintain a 1:1 peg with the US dollar, facilitating fast and low-cost cross-border transactions [14][15] - Tether, with over 157 billion dollars in circulation, is largely backed by US treasuries, making it a significant holder of US debt [16] - Stablecoin transactions reached 28 trillion dollars last year, surpassing Mastercard and Visa combined, prompting fintech companies to integrate stablecoin payments [18] Regulatory and Institutional Involvement - Regulators, like the Bank for International Settlements, are issuing warnings about the use of stablecoins in national payment systems due to concerns about monetary sovereignty [18] - Major fintech companies and Wall Street firms are exploring stablecoins and unified tokens to remain competitive in the evolving financial landscape [19][20] - Stablecoins are being viewed by some as a tool to extend American influence, given the significant US debt holdings of stablecoin issuers [21] Risks and Challenges - Crypto systems are not without risks, including platform breaches, stablecoin de-pegging, and crypto kidnappings [29][30] - The lack of chargebacks in crypto transactions means that once money is lost, it is irretrievable [30]

RT Sei (@SeiNetwork)Stablecoins.($/acc) https://t.co/6cARuta7ah ...

SEC updates staff guidance on accounting rules for USD stablecoins: Bloomberg https://t.co/g7z8LWpU9S ...

Market Traction & Adoption - Sei is showing clear signs of breakout as a Layer 1 blockchain [1] - Sei is becoming the preferred base layer for stablecoins, Real World Assets (RWAs), and institutional use cases [1] - The next phase of on-chain finance is being built on Sei [1] Stablecoin Activity - Daily stablecoin transaction volume reached $46 billion [2] - Stablecoin supply hit an all-time high of $243 million in under 4 months [2] - Circle minted over $100 million in native USDC within the first 10 days [2] - Sei surpassed Polkadot, Tron, Hedera, and Algorand in USDC supply in just 10 days [2] DEX Volume & User Activity - DEX volume reached an all-time high of $153 billion in July [2] - Consistent daily DEX volume now exceeds $100 million [2] - Sei active addresses hit a record of 937,054 [2] Ecosystem Growth & Institutional Interest - Circle, Backpack, Etherscan, CoinShares, and DeBridge have all launched on Sei [2] - RWA infrastructure is going live with Ondo Finance [2] - CoinShares ETP is live in Europe [2] - Canary Capital filed a SEI ETF in the U S [2]

The U.S. SEC has issued stopgap accounting guidance, allowing certain fully backed, redeemable USD stablecoins to be classified as cash equivalents, offering interim clarity while broader rules are developed.https://t.co/jWrQdXuDkd ...

Stablecoins.($/acc) https://t.co/6cARuta7ah ...

Tether has built the most profitable company per employee in the world.I sat down with CEO @paoloardoino to discuss their plans to come to the United States, understand emerging markets, breakdown where their billions in profits are being invested, and debate where AI and bitcoin will take us in the future.Enjoy!YouTube: https://t.co/2SQt7P0nqPApple: https://t.co/LZl9JOMme7Spotify: https://t.co/Krj3cH3NlYTIMESTAMPS:0:00 - Intro1:17 - Tether is coming to the United States7:34 - “We are going to open up the w ...